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are being silenced. he knows because he says they told him so. hear from him straight ahead. >>steve: a hypocrisy alert. why members from one of the largest labor unions wants to strike against their labor union bosses. >>brian: anna kooiman is in search of honest people. this guy finds a phone on the sidewalk. should he return it? what should you do? "fox & friends" starts now. >>steve: live from studio e in the heart of midtown manhattan where it is two days till spring and yet we are talking about snow. >>brian: when you give the studio a letter, are you concerned there are people in the building who don't know how to find us. >>steve: do you know where studio d is? >>brian: studio d is in wisconsin. that's where we keep our acapella group. that's where we keep our orchestra. >>steve: it used to be so simple when you used to have two or three -- >> i don't know them by the letters anymore. i know shepherd studio, "fox & friends" studio. >>steve: of course today it is the aingely earhart studio. >> let's get to the headlines. a terrifying scene -- this is in an indiana neighborhood
. the latest on this development. >>steve: mayor michael bloomberg's latest health push. take away the cigarettes and put them so nobody can see them. we'll give you details. >>brian: it will take a ski buddy to tame the tiger. tiger woods going public about his relationship with lindsey vonn. wait until you see what else the couple is revealing. >>steve: hillary's e-mail? >>brian: "fox & friends" starts now. >>steve: great job, shepherd smith. beautiful. i hope you've been watching over the last couple of hours, the fox news coverage of the installation of the pope has been fantastic. >> i feel like i've been to mass this morning. an historic day for the billions of catholics and the world. the new pontiff installation mass just ended moments ago in a packed st. peter's square. >>steve: fox news contributor jonathan morris joins us live from rome. >>brian: does this remind you of pope benedict? >> yes and no. yes because it is the same faith, yes because it is the same teaching. pope francis has a simple way about him. he's like a simple parish priest. although he's speaking to, i
're live at the scene of the attack. >>steve: you already pay their salaries and now you're paying their taxes as well. we're talking about the thousands of government federal employees dodging the i.r.s. should they be fired? we've got an update on that this morning. >>brian: you think a woman's cheating husband would get the message. after she uses a billboard for revenge. but the best part is how she paid for it. look at that. "fox & friends" starts right gnaw. >>steve: welcome to march madness live here on the "fox & friends" set. >>alisyn: good to be with you all. >>steve: the president is out of the country, 50-hour sprint in israel. we have a situation where a lot of you are saying it is so cold here, i can't wait for vacation. we have a great segment in about 20 minutes. we have the founders and c.e.o. of 14 sandals, three beaches. wouldn't they like to see alisoe just as a token. we might have a beaches bureau. >>alisyn: let's do it. i volunteer. let's talk about the middle east. the president is making his first trip to israel since becoming president and there's a lot of
in with a safety plan to safeguard russian deposits in cyprus. steve sedgwick is in moscow where he caught up with the finance minister there an hour or so ago. steve? >> they turned to russians once again. there's a loan on the table from russians dating back from 2011 so it's not the exception to it the rule for the cypriots to turn to the russians. the russians themselves are indignant they weren't brought into talks. let's hear what he had to say earlier on about the state of the current talks. >> first meeting very constructive. very honest discussion. we underscored how difficult the situation is and we'll now continue our discussions to find a solution by which we hope we will get some support from russia. >> in terms of that support, are we talking about a change of terms for the current existing 2.5 billion euro loan and an extension of 5 billion loan in addition to that? >> we are talking about things beyond that. >> in what way would this be beyond that? >> we don't know. we don't know yet. we don't have any details. we just continue the discussions and they're waiting for us now t
relations at johns hopkins university. and my guest here with me throughout the show, steve forbes, editor in chief and cnbc contributor judd gregg, former republican senator from new hampshire. welcome, gentlemen. don jensen, let me go to you. how fanciful is this story? this thing keeps popping up. gas program is going to go in, take over the banks, restructure them, save their own money launderers, save their own russian money and take over the cyprus natural gas fields. that is one hell of a deal. i ask you, is that possible, is it plausible? >> it's very plausible. in fact, it's a good scenario. larry, gas prom can buy the whole island. and people always joke that there are so many russian shell companies in cyprus that it's virtually already a part of the russian federation. >> so let me ask you the question du jour or the question du nui tonight, is it odd that russia that bails out the world financial markets? i find this to be utterly incredible. >> well, you have to realize, too, when russian oil garbages and organized crime figures send their money abroad, they like a nice, reli
is looking good. there was an earlier stall near caesar chaves. steve. >>> we have cloudy skies. santa rosa, napa airport, both are reporting light rain. we could sure use a lot more. this system looks like decreasing throughout the day. any precip. i think the heaviest was last night. santa rosa was doing really well in the rain, 24.5. now 79% of normal. san jose, 70% of normal. i want to make a correction here. i -- i originally -- about a half-hour ago, i said one of the driest marches ever in san francisco, it's the 20th driest march. it is january, february, march, the driest three-month stretch in san francisco so far. only 1.66 inches of rain has fallen. we need another 1.50 plus to go into second place. i doubt that happens. so again we're in record- setting territory for lack of rain. i just saw -- came across on twitter from the national weather service in mobile, alabama, last year they were running about 48 degrees above average, this year to 28 below. what a -- 2 to 8 below. what a difference. this is a very mild system coming up from
has been struck for a loan. i think we have steve on the phone from moscow. stay there for one second. steve, you just left this meeting where we are potentially looking for cyprus to maybe get some kind of deal here from the russians to help solve their debt problem. sounds like they are coming away empty handed. >> absolutely. there are more talks ongoing. i caught a couple of words with him as he was walking out. as you rightly quoted he said talks were constructive. they were ongoing. he told me he was on his way to a different location and that there would be more talks ongoing that have been constructive and then i asked him very specifically about the loan agreement that had been agreed between russia and cyprus in 2011, that's a 2.5 billion euro loan, 4 1/2 year loan. there were question marks in the press about whether this would be a loan which would be extended in terms of term and interest rates lessened. he said to me in response to my question about that loan we are looking beyond that. i'm not sure if we're looking at an extension of loan. people talked about a 5 billio
had to be named steve to be on the panel today for the most part. steven water from russell investments, steve sacks. steve liesman is with us. and then there's that guy santelli who joins us daily as well. dr. wood, are we making too much of this? over the weekend we were all convinced that the markets were going to be slammed today. they were in asia overnight. then things allayed. what happened? >> i think the market's assessing the size versus what it represents. what we have in cyprus right now is the rule of law being brought into question. can rules about depository insurance change over the course of a weekend? i think the size of cyprus right now, what it represents directly is not a threat. we're assessing. but if this is contained in some broader bailout oriented scheme, i think it could be something weathered by the markets. that said, the rule of law being brought into question is not a good thing. >> steve sacks, are you seeing a reaction in some of the european etfs out there? or are you seeing the same kind of money mentality going into exchange traded funds?
, obviously three developing stories and we're going to cue you in on all of them right now. the fed, steve liesman is in washington. russia's financial overtures toward cyprus. steve is live in moscow and then there's cyprus and the impact there on the rest of europe and the globe. michelle caruso-cabrera has made the trek to that small island nation that is right now ground zero for europe's financial problems. michelle? >> reporter: hi there, tyler. the latest is the president says he's going to meet with parliament tomorrow morning. there's still no plan here. in fact, you heard about plan a which was to tax deposits. now we have heard that plan b has been rejected by the troika as well. cyprus government said to the troika, their european partners who they want them to lend money to, they said to them, listen, instead of taxing deposits why don't we do this instead. we have a pension fund, we'll raid it, take the cash, turn it into bond and we'll pay it back over time. the troika said that doesn't do anything for you. you still have liabilities. then they said we're also going it try t
stall near caesar chaves. steve. >>> we have cloudy skies. santa rosa, napa airport, both are reporting light rain. we could sure use a lot more. this system looks like decreasing throughout the day. any precip. i think the heaviest was last night. santa rosa was doing really well in the rain, 24.5. now 79% of normal. san jose, 70% of normal. i want to make a correction here. i -- i originally -- about a half-hour ago, i said one of the driest marches ever in san francisco, it's the 20th driest march. it is january, february, march, the driest three-month stretch in san francisco so far. only 1.66 inches of rain has fallen. we need another 1.50 plus to go into second place. i doubt that happens. so again we're in record- setting territory for lack of rain. i just saw -- came across on twitter from the national weather service in mobile, alabama, last year they were running about 48 degrees above average, this year to 28 below. what a -- 2 to 8 below. what a difference. this is a very mild system coming up from the southwest. there could still be a little bit more rain. you will start to
.s. federal reserve board. and the always wonderful steve moore. you recognize him from "the wall street journal." that is him on the right there. john, let me start with you. >> yes. melissa: seems like they're making a situation that could have been resolved because of course they're not taking the 10% levy on deposits but keeping banks closed. people are beginning to panic. they're almost guaranteeing a run on the bank. are they making the situation worse? >> not politically. if tomorrow you wake up and you find there is a 10% tax on your bank deposits, you will not be happy. if you're a politicianin cyprus you're dealing with this and they're bank backing away from it. it was a bad idea in the first place. cyprus needs $10 billion from the european union and the european central bank and they have given others like greece hundreds of billions of dollars. they're upset. the cypriot banks are insolvent. they're going, they will get a run. melissa: they are insolvent and they will get a run, yeah. >> but it's notot cyprus's fault in my view. melissa: doesn't matter whose fault it is if
. the idea this could happen here is still a haunting one, one that will be addressed by steve forbes in this hour. steve forbes, "forbes" media chairman and editor-in-chief weighs in. shibani: we'll look forward to that. after hurricane sandy ravaged downtown manhattan signs of spring are emerging not necessarily in the weather but the housing market. real estate sales in the area sky vapering -- skyscrapering high. this developer had 600 million in sales this month alone. can you believe the commission on that. david: resilience lower manhattan never ends. stocks pushing higher, bouncing back from the biggest drop in nearly a month on the expectations cyprus will reach some kind of a deal over the weekend but today's gains came up post posting a weekly loss, a weekly loss. today woos good. the dow falling into the red for the first time in five weeks, while the nasdaq and s&p 500 snapped three straight weeks of gains. consumer step peltz and telecom were this week's top performing s&p sectors. >>> natural gas falling into the red but closed the week higher. prices rose more than 1%
for joining us, this monday march 18th, i am pam cook. >> steve is back, glad to see you. does pam need to grab her crumbled la? >> -- her crumbled la? >> a -- her umbrella. here is more. >>> northbound 101, approaching the 880 split and also the commute is moving along slowly at the toll plaza, let's go back to the desk. >>> a bar stabbing stemmed from a fight between two groups of men. here is more with tara moriarty where police say it all happened just hours ago. >> reporter: yes this st. patrick's' day celebration started around closing time and that's a physicians place where an officer is waiting for a crew to come and clean up the crime scene. the ball happened in front -- ball happened in front of the park and two people got into a heated argument and somebody pulled out a knife and then suspects scattered. investigators say the suspects took off in a dark colored sedan headed eastbound on broadway. if you know about that, alameda police would like you to give them a call. they will be looking at surveillance video to give you an idewho they are looking for. police officers tol
a complete look at the east bay coming up in the next half hour, let's go to steve. >>> we have world baseball classic at at&t parkings mostly cloudy, 55, rain might be an issue tomorrow bought it will bring us cooler with a westerly breeze and there is more on that coming up in five minutes. >>> a lot of people are talking about bikes on bart and what they are saying about a new experimental program which starts today and runs this week. >>> police are looking for those responsible for a stabbing outside of a popular bar and we will tell you where the investigation stands. >>> plus the opening bell is about to run, we will bring you the early stock members. -- early stock numbers. . >>> welcome back to the ktvu channel 2 morning news, we are there for the opening bell in new york this morning and over on the nasdaq is child and youth finance and education and they are trying to get more in finances and right now it looks like a downed day and part of that is happening in europe and not spreading to the united states, and we will talk about that in
in the u.s. it's part of paul's on-going reporting "making sense of financial news." >> that's steve and barrie boehne, they're the leading force in tandem. look at the grace. >> reporter: now what, you may ask, could a surfing star of the 1970s have to do with economics in 2013? >> isn't that great! >> reporter: well, steve boehne's life in the surf, which began at age 12 here in dana point, california, has involved shredding the waves, since 1958, on boards of his own invention. he's the founder and still maker and seller of legendary high end infinity surfboards. >> paul, you can use my board any time. >> reporter: even if his heavy lifting days are over. isn't this kind of a large surfboard? >> yeah, this is bigger than normal. it's a standup surfboard. it's become popular in the last five years. and a lot of the older guys really embraced it at first, because it's a little bit easier because you're already standing up. >> reporter: but these days, boehne's got a bigger problem than gnarly knees. >> 95% of the boards being sold in the world weren't made by us in california who st
bernanke speaking today. our steve liesman says you might want to listen to what another person from the fed is saying. steve, what's that all about? >> sue, i want to talk in just a second about new york fed president bill dudley, talk more directly about monetary policy. first a word on fed chairman ben bernanke. he's speaking in london with mevvin king, outgoing head of the monetary policy committee there. he broadly supported all the global monetary policy easing for central banks around the world, say k effectively it was not currency. here's what he said. >> because stronger growth in each economy -- these policies are not -- rather they are positive sum enrich thiy neighbr actions. >> what he's saying is what japan is doing is okay. new york fed president bill dudley, he had some very strong words for critics of the federal reserve who say that the fed is potentially going to be losing money through its current quantitative easing policy. let's give a listen to his comments today at the new york economic club. >> the fed is a central bank, not an asset management company. our
? it is by going mini. steve crutchfield takes you to countdown college late other than this hour -- later on this hour. and we are used to charlie, like, constantly on the phone, burning up the phone lines in this building. all right, his phone was ringing off the hook. wait until you hear which industry is dialing charlie's number, and they've got his cell phone, it's even worse. next. ♪ it's monday. a brand new start. your chance to rise and ine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. but that doesn't mean i don't want to make money.stor. i love making money. i try to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a pr
a news conference and steve liesman will join us with the exclusive findings of the cnbc fed survey, coming up at the top of the next hour. the other big global market this morning continues to be cyprus. the parliament there is expected to reject the attacks on bank deposits. the decision would effect hely block a bailout and push the island nation closer to a debt default and banking collapse. it is possible the vote today won't happen if leaders are sure it will be rejected. as for the global markets this morning, the major equity indexes closing lower yesterday, in large part because of fears about that cyprus bailout plan. and it's on track to post its best numbers of the year. >> the biggest corporate headline this morning is a weird one. lululemon is pulling shipments of some women's yoga pants from its stores. the athletic clothing store says the move is going to hurt its bottom line. they had an unacceptable level of sheerness, so you could see through them a little bit too much. that's the problem. the decision to pull the pants will be lead to go a shortage of its black w
. steve sedgwick is there and asked a question of the two leaders. >> are we proving time and time again in europe that we're not understanding the russian national interest over issues such as cyprus, over issues such as trade in wto, energy and elsewhere? >> i believe i understand the position of russia. i believe why russia has that position, but we have another perception and reality. the question is, is this a real obstacle for achieving progress? for instance, we have discussed today here for trade, investment, energy to mobility. i don't think it is. >> and michelle caruso cabrera will join us with more in the next hour. >> customers, by the way, are finally going to be able to get their hands on the blb 10 today. jackie deangelis has more on this debut. jackie, i know joe is a skeptic now that he's a new i tone -- >> my life is so enriched. >> but i am still completely reliant on this thing. this one doesn't even have the real keyboard, right? >> right. and you make a really good point. a lot of people are still relying on the blackberry. it does go on sale at at&t here today. i
at the appropriate time. >> steve and then michael mcken a. >> good afternoon, my name is steve chloriteey. i'm the director for the membership development. we represent electrical workers in san francisco. i'm here to voice our support for the amendment between the port and the lot 337. not only will this project provide and secure jobs to construct workers in san francisco but will also provide permanent jobs for many people in all professions nr here in san francisco. thank you. >> my name is anthony , i'm in support for the project. i'm with the sheet metal, we design, fabricate, install, heating and cooling and ventilation systems and metal roofing. we have 600 plus members and in our union here in san francisco which half qualify as locals. we support this project. this project will put many of our members to work. it will give apprenticeship opportunities and give locals a chance to earn wages and health care. this is a great project for this city. thank you. >> good afternoon, commissioners. my name is tony and i represent the painters in trade. we have several hundred workers here
. steve sedgwick is calling in on the line from moscow. steve, russia is happy to stand pat while cyprus try toes come up with a solution. >> what we're going to get is an announcement from the european commission and the russian federation. this is looking at a whole host of longer term issue between the european union and is russia. the relationship needs a reboost after disagreements over syria, over trade, over the wto, over human rights and now, of course, most aggressively of cyprus, as well. what i'm fascinated to see -- and i'm in the lockdown, as well, i mention inside the reception house of the russian federation, i'm in a lockdown ahead of that press conference between mr. barroso and mr. medvedev. i want to see how that reboot looks. is it a reboot in name only or is it meaningful? they would prove that it's meaningful by including a solution to the cyprus crisis, including not only the troika, but the russian federation. that's is where mr. medvedev saying russian interests should have been thought about. mr. barroso saying no of the on governments were talked about friday i
" word, recession. steve liesman has more details on that. hi, steve. >> thanks very much, sue. we're here with the growth forecast from our 54 respondents. first i'll show you what the gdp -- i guess we're going to do the recession here first. you can see back in september 2011, when we're dealing with debt ceiling, the probability of recession by this group, 36%, fell to a low of 19% around the winter of 2012. remember when everything was being looking good, it dipped down again. the probability of recession went up again. now it's fallen again for the second straight month. 2011, 17.6%. not quite off the charts because we still have room here but it's the lowest that we've seen since we began asking this question. i don't know if we have the growth forecast chart here, guys, if we can go back to that. here are the actuals. year over year gdp, 2.6, 1.8, lackluster and picking up to a lackluster not great 2.6%. i want to share with you some views of the economy from our 54 respo respondents. firming housing prices are a game changer. there is something much more self-feeding about
than expected with $17 million. steve carell's flopped with just $10 million, one of the worst days ever for the comedian. >>> anderson cooper was honored this weekend and celebrated by planting a big, awkward kiss on madonna. the material girl presented the award to cooper dressed as a boy scout in protest of the organization's ban on gay members. that was clumsy. >>> finally, the "forbes" list of most influential celeb rights is out. steven spielberg, ron howard, and george lucas. the number one went to none other than oprah winfrey. there was a lot of talk about her channel not doing so well at first but it's grown steadily, up. >> she changed the strategy. >> changed a little bit, still big books. >>> we want to tell you about a new addition to the family. veranda de la cruz gave bird to a beautiful baby boy. veronica tells us she and baby hart are doing just great. "way too early" starts right now. >>> they talk about rebranding the gop. instead of restoring the trust of the american people. we're not here to rebrand the party. we're here to rebuild a country. we're not here to
signs and perhaps some comments on what's going on in europe, too. steve describes what is on top of the agenda today. clients are always learning more to make their money do more. (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty for brokerage and investment companies." ♪ your finances can't manage themselves, but that doesn't mean they won't try. bring all your finances together with the help of the one person who can, a certified financial planner professional. cfp -- let's make a plan. >> fed chairman ben bernanke will be speaking later. >> have we really learned our lessons from the crisis? joining us now to talk about that more, steve leisman. >> it is argued that the world is not really in the middle of a currency war. and he distinguished betwee
there a little bit about cyprus. does it matter, do we care or not? will we get a deal? checking it out. steve sedgwick in moscow earlier today. russia's been a big player in this drama but our international correspondent, chief international correspondent michelle caruso-cabrera is in cyprus for us now. michelle? >> reporter: tyler, the situation in cyprus is incredibly unclear and increasingly chaotic. the parliament of this country was supposed to vote ten hours ago to pass a law that would allow them to restructure the banks. we're still waiting. it's unclear if they are going to vote today at all. at the same time we're getting reports that maybe the european union is going to demand even more from this country. hours ago we were told by the leader -- the head of the leading party that they were extremely close to a deal and yet we still wait. the same time it's growing increasingly chaotic in this country's economy because the banks are still closed. they have been closed for seven days now. it looks like they will be closed for at least ten days. that means people running businesses can
's quarterly results and guidance perhaps a little bit disappointing. let's get back to our guest host steve romack for the last words. you like aon. it's one of the larger positions. >> only 20% comes from the u.s. of the revenue -- is that what you said? >> 20% of the companies that we hold. 20% are domiciled in the u.s. and 50% come from overseas and a lot of the things we're finding lately have been a special situation. we were long renault and short nissan because we were able to create the stub at a negative $5 billion euro valuation with the company that has great balance sheet and cash flowing positive and we're long vodafone and short verizon because vodafone owns 45% of verizon wireless and verizon owns 55%. we were creating the stub at a pretty inexpensive price. >> anything else that you like? >> you don't like the consumer. >> we're cautious. we're scared of how the government keeps putting money in people's market. the government trumped 2.4 million jobs and they didn't talk about the 1.9 million people on food stamps and snap program. so we're just very, very cautious. >> you'
50%. melissa: he is a brave guy. cyprus scrambling to save its banking system. steve moore of the "wall street journal" is here with that next. >> despite the concerns of cyprus, stocks are higher. the dow just about ten points off session highs. take a look at the names leading the charge. ♪ . .. today is gonna be an impoant day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. some of the world's siemens. answers.bines uh, charles couldn't make it. his single miles card blacked him out here and here. he should have used... the capital one venture card. he's coming to us from home. hey fellas... hebaby, you want mama to iron your undies? nice tightie whities. i didn't know mrs. barkley made quilts. really? looks like a circus tent. is that the best you got? now if you put this, with this, you have a sai
administration is giving them. questions? lots of questions. steve, bad timing or is it? >> we've been doing this for years and years, i don't know if timing is the issue, you actually got it right, reason we give money to egypt and palestinians. this is a bribe, we say we'll give you money if you don't invade israel. but at a time with big cuts and programs that people care about, i was writing today about impending cuts in air traffic control system that will cause havoc in the airports, people are saying, why are you cunning this not that. neil: that sounds unreasonable. >> ier in heard that before. e never heard this before. >> the question, 300 million is last year's money. that money was -- >> use that to keep the white house open. >> that was frozen by congress, and quietly, unfrozen, is the word they are using. and obama seeking 200 million already appropriated this year from pot that says 440 million, so we're walking around throwing out money, like little christmas goodies every time john ke kerrr barack obama visits a place. neil: you can see how americans are seeing this even fed
. it was a growth stock. it missed the quarter. quarters matter and andy grove, they went toe to toe with steve jobs in walter eisen's book, but the quarterly increment, and it is a fair way to judge everybody. >> best book ever. >> apple's failed that test of the quarterly report. >> all right. coming up, is a yoga pants crisis coming? lululemon recalling pants that are too sheer. picture this. now there could be a shortage in the price of yogawear, what might that mean for the stock? we'll talk about that and tight, sheer, yoga pants, melissa. >> lulugetton. . you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. falling. falling. it is recalling some of its yoga pants because of their sheerness. the move affects 17% of the bottoms it has in stock and lululemon is offering full refunds to customers. one analyst points out t
of a bounce, i don't see much selling off. >> all right. dead money. steve, what about you? you worry about this sales stumble? >> bill, i really do. i will tell you, the way oracle talked about its sales force, i don't think that those folks today are playing hooky from work and watching the ncaa tournament. i think they're making a lot of calls today. >> you think? >> but i don't know that it's just oracle-specific. i think it might be broader and more about technology capex spending. if you look about a month ago, we saw the purer cloud plays, and oracle is struggling right now in the cloud, but the purer cloud plays, companies like rack space, they dipped down about a month ago. now we're seeing the bigger, older tech giants like oracle, like cisco, for instance, start to similarly trail off. i think it is a sign that the global economy is weak, and companies, while they are very profitable, they are not reinvesting those profits into capex spending, whether it be in technology or elsewhere. so i think it's troubling for technology as a whole. >> wait a minute, are you guys agreeing wit
. the secretary pushing iraq leaders to end sectarian violence. steve is joining us live from washington with more on this story. >> reporter: the central issue here is whether iraq's president the prime minister, that is, a she'ite muslim is helping to support the assad regime in syria. now, secretary kerry met with iraqi president nouri al-maliki during a visit in baghdad today. those iranian flights were at the top of the agenda. they had what kerry described as a spirited discussion. here is the secretary. >> anything that supports president assad is problematic and you i made it very clear to the prime minister that the overflights from iran are in fact helping to sustain president assad and his regime. >> reporter: the u.s. believes the iranian aircraft flying over iraq are carrying weapons to arm the syrian government but tehran says they are delivering only humanitarian aid there. they wanted to force the planes for inspections but only a few have been checked. >> i think the intent here by going public is to increase the pressure on al-maliki but the whole incident how minimal influence i
of a story if indeed it is true. steve hayes, thank you for your time. >> thank you, bill. bill: heather. heather: an 11th hour challenge by postal workers. a nationwide protest. what employees say the best option is and not ending saturday service. bill: how young is too young to feed your baby solid food? the cdc is out with a warning every parent needs to hear. bill: cleanup crews tearing down two homes destroyed when a plane crashed into them. about 250 people lived in the neighborhood forced out of their homes. the crash badly damaged a third home. two men killed in the accident, including steve davis. and steve davis is former star quarterback at the university of oklahoma. he led the team to national championships in 1974 and 1975. heather: so there's a new warning out for parents of newborns. a study just out says more and more mothers, they appear to be feeding their baby solid food way too soon. now the centers for disease control says that that could lead to serious health problems later on. dr. richard fershein is joins us now hope fully to clear some of this because there is
that apple is at risk of having a dusty product? >> well, i think you have to separate two things. steve jobs only gave you one product and he told you you'd like it and you did. tod today, unfortunately, a lot of consumers may want a bigger phone and a new phone and apple is not giving you the breadth and the product line that a lot of us would like. i don't know if you call that dusty or not, but what i would say is you don't have a lot of choice. when the iphone first came out it was the only thing out there that could do what it did. today, i would argue samsung makes a better phone and the good thing about an cell they have a great ecosystem in i tunes. i have over 1,000 songs and books and movies in there so that kind of keeps me locked in so i'm probably not going to be able to move to a samsung phone, but in emerging market countries where you're buying your first phone, don't forget, apple's total share of the handset business is 8%. so the other 92% that have other phones, you know, they may move to samsung and apple may lose out on those future sales and that's -- whether it's a du
and possibly steve cohen but that may not be the case. here's charlie. >> kind of interesting what we at the fox business network has learned from sources close to the government investigation to insider trading that a slew, that is how it has been described as, a slew of new cases are likely to come and i think they're coming from the civil side. so this is an. sec investigation, these are sec cases, coming in the next couple weeks involving inside trading. we don't have names. we don't have people. we do know one thing. what we've been told is that this does not involve sac capital and steve cohen. that regulators still have a very tough time making a case against the sac chairman, ceo and the company as you know just, asac just settled a case, sac settled the case with the sec recently. but here's what we do know. more cases are on the way. as i've been reporting in the past this destination was supposed to be sort of winding down but they do have more cases in the pipeline and we're supposed to see those cases. they don't involve sac. they don't involve cohen but we're supposed to
experts polls for the latest cnbc federal reserve survey seems to think. senior economics reporter steve liesman is breaking it all down for us. steve, what have you got? >> interesting results from our cnbc fed survey. 54 economists, fund managers, and analysts chiming in with their responses to our questions. first thing we want to show you their response on expected quantitative easing. this was their response in our january survey. looking for $680 billion of qe this year. now $17 billion. they added like another month. they're still below the pace of the fed. the fed buying at $85 billion. but they also lengthened out the timeline of the federal reserve, as you'll see in the next chart here. this is when they thought they were going to stop qe, in november of 2013. that was in our january survey. and now, all the way over here, they've added about six months that they think qe will be going on for. however, they do believe the fed will taper those purchases. that tapering, originally, we thought, was going to start in december of 2013. and now they've moved that ahead again. now it'
in cyprus. a place where a lot of powerful russians have an awful lot of money. steve sedgwick is live in moscow reporting on possible russian solutions for us. good evening, steve. >> reporter: yeah, a very good evening to you. well, look, i've just been to a meeting this morning between the european commission president, barroso, and the prime minister of russia, mr. medvedev. and despite the very fine words on the surface, it is very clear the russians are very upset with the europeans. as you mentioned, sue, a huge amount of interest the russians have down in cyprus as well. and they're really upset they weren't included in the negotiations for some form of bailout package initially. they've said the europeans have behaved like a bully in a china shop. they've also said they've done everything wrong. and this is the best one i thought. they're accusing them of absolutely misappropriating assets akin to something that happened in the soviet era. this is the russians telling the europeans they're doing something completely wrong on property rights. quite extraordinary. the russians h
steve forbes and the coo of auto nation. all right bill, it's a matter of, you say, internal and external things. let's begin with some of the internal points. > > when you think about the internal, you've got to think of leadership right away. the owner's leadership job is to make the environment possible for success for his employees. in other words, if he is making goals or making objectives, he or she has really got to make sure they have the tools and the training to make those goals achievable. the other thing that is important in this is that processes operate the business, and it's the people who operate the processes. and why that is important is because over time - six months, a year - the market changes, your customer demands change, your business changes; and you have to have processes and procedures that keep up with that change, so they have to be constantly updated, worked on, and reviewed. > another key point you talk about is keeping the motivation level high for your employees. let's talk about some of the external things that you're talking about. > > i thi
is track the storm in the fox extreme weather sent term. first let's go to national correspondent steve centanni live in maryland with an up close and personal look at this storm, steve. >> very close and very personal. it's wet and cold out here with the snow coming down in higgerstown, maryland 60 miles west of washington d.c. take a look into the trees over here off my left shoulder. it's kind of a winter wonderland out there. a lot of heavy snow falling overnight into the morning, still coming down fairly heavily. very pretty but not exactly what you would like to see at this time of year. normally it's cherry blossoms in washington d.c., warm weather and tourists. now kind of a winter chill has tpaeupbl on everything. i've standing by i70. this storm has barreled along i70 through colorado, kansas, illinois, missouri, ohio and now the washington d.c. area and the eastern seaboard. it's the i70 storm. in spite of all the bad weather though the state police here say things haven't been all that bad. listen. >> we would normally have significantly more traffic on the roads on a monday
. kelly, back to you. >> steve, thanks very much for that. any deal with russia may be premature certainly isn't going to calm things in cyprus. this morning, the european central bank in a statement has said in order to continue its emergency liquidity systems past monday the 25th, cyprus has to have a bailout in place. any prospect of that? >> well, that adds a sense of urgency to the situation. timing is really crucial here. and now with this ultimatum from the ecb, the cypriot banks are hoping that a deal can be found as soon as possible. because what they've been relying on over the last couple of days and weeks is that eoa assistance from the ecb. that, kelly, is the main reason why they have been able to stay solve solvent. but i want to come back to a point that steve brought up this morning. but would one bailout deal even be enough? 5.8 billion euros don't seem enough when the banks do reopen next tuesday and we're likely going to see big depositit outflows. one economist i talked to this morning said to me, what's really likely at this point is that we're going to see a second b
. and steve centanni is here. how are they flowing into syria? >> reporter: according to u.s. officials there are flights just about every day, from iran to syria travelling across the iraqi air space. iran says they carry humanitarian aid, but u.s. says they carry weapons to the syrian government. and secretary of state john kerry urged al-maliki to crack down on the flights requiring they land in iraq for inspection before continuing on to syria. >> we had a very spirited discussion on the subject of the overflights and i made it very clear, anything that supports president assad is problematic. >> kerry suggested the future of u.s.-iraqi relations is hanging in the balance here, harris. >> harris: given the recent talks and the possibility of chemical weapons used on citizens and we saw the actual video and pictures of people going to the hospital. reportedly the u.s. is not directly helping the syrian rebels, steve, but could this change now? >> some think it should and should change soon including the chairman of the committee, mike rogers of michigan, and there's growing evidence
insider trading charges? charlie gasparino is up next whether or not steve cohen sut of the woods. lori: we'll see about that. a plot line straight out of "ocean's 11". how criminals pulled off unbelievable $33 million casino heist. melissa: crazy. look at the 10-year and 30-year treasury as we head out to break. the yield sinking on the 10-year, down three basis points. yield down under 2%. we'll show you the 30-year and we'll be right back. irst da. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef bere opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find se good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >> good afternoon, i'm sandra smith with your fox business brief. charter communications shares jumping as "the wall street journal" reports john malone's liberty media is close to buying a 2
died on impact, including 60-year-old steve davis, many would know him the former quarterback at oklahoma, i mean, he was sooner, a great one. two national championships, was the mvp of the orange bowl. you can see him with barry swietzer back in 1976. two others on the plane suffered injuries and another woman on the ground suffered some mod ral injuries, megyn, 50 homes in this neighborhood evacuated, most of the neighbors being allowed back in, it's going to be a while for those three houses and they may never get back in there because there's jet fuel filling the basement of that final house and all of the neighbors have been accounted for and n.t.s.b. is on the scene. it's going to be several months before we find out exactly what caused this crash. >> megyn: all right. trace, thank you. we've got a report just ahead raising new questions in the gun control debate. the story out of-- the story of alice bolen found not guilty by reason of insanity in 2005 on charges of trying to kill president bush. see how she was able to go buy a gun and facing charges for allegedly tryi
bream. live from the nation's capitol, america's news headquarters. we go to steve centanni more. >> the central issue is whether iraq's president or prime minister, a shiite muslim is helping to support the assad regime in syria, allowing the over flights by iran. now, if so, that raises serious questions about u.s./iraqi relations going forward. secretary kerry met with iraqi prime minister malkey in his unannounced stroz baghdad today. and those iranian flights were at the top of the agend a. the secretary and the prime minister had a private meeting that kerry described as a spirited discussion. when it was over, the secretary told reporters, quote, anything that supportings president assad is problematic. i made it very clear to the prime minister that the overflights from iran are in fact helping to discontinue president osaud and his regime. thez believes the iranian aircraft flying over iraq are carrying weapons to help arm the syrian government, although it rawn insists it is humanitarian aid. the u.s. has asked iraq to force the planes to land in iraq for inspections. b
of concerns. >> let's also bring in steve leaseman and rick santelli for more reaction. why don't you start off with your views with what you're hearing from people there when you're looking attic movements. what really jumps out to you? >> i'll tell you what, and i am totally serious about this. when i walked in, this is a little earlier than our regular time. people are walking around, taking care of issues from friday. people have come up and said i understand this is a little island with a gdp that's in fan tess mal. i'll tell you what, i'm kind of shocked that it made that jump. i understand that at a time where computerization allows every government on the planet to track and have say complete financial audit trail of everything anybody has, whether it's in this country, 401(k), deferred retirement account. there's a rule of law issue here that's not only going to bug people in cyprus but it's going to bug everybody around the globe. that last comment you played is ridiculous, we'll never do it again. it is absolutely beyond belief. but this really is a shot across for anybody who ha
's health insurance or face a $600 penalty. abc's steve osunsami has the story. >> reporter: cvs, with nearly 200,000 workers, told everyone using their health plan they have until may 1st, 2014, to get to a doctor and measure their weight. height, blood pressure and other levels. employees who agree see no change but those who refuse will pay an extra $50 a month for health insurance. >> it's technology-enhanced discrimination on steroids. >> reporter: the critics are having a field day calling this coercion and worrying that cvs and any other company might start firing sick workers. >> the approach they're taking is based on the assumption that somehow these people need a whip. they need to be penalized in order to make themselves healthy. >> reporter: the company says this is voluntary and it never sees the test results. in an e-mail overnight they explained that their benefits program is evolving, to help our colleagues take more responsibility for improving their health and managing health-associated costs. >> the goal of these kinds of programs is to end up with a healthier
would lose badly. these creative geniuses make a big difference. we talk about the return of steve jobs, apple or what howard schultz could do with starbucks. absolutely, this guy has to be a part of equation if the shareholders and customers are going to come out on top. >> but if shareholders can get more from blackstone or more from carl icahn and lose michael dell if the process, maybe they don't care what happens next. >> that would be a shame. that's not for institution building. you take a look at -- sometimes we have some failures and i hate to say this in public markets, the pressing scrutiny is hard for some chief executives to reposition their firms the way we saw cesar had to do this. the short-term market fluctuations, they get a chance to get past speculators. this is not wild guesswork. dell has done this five, six times. nobody can be better battle tested and brilliant steve jobs only did it once. >> did michael dell make a mistake in agreeing as part of his taking private transactions to vote his shares however the other shareholders want? so that he has effectively los
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